J. Christopher Giancarlo

Senior Counsel

J. Christopher Giancarlo is senior counsel to Willkie Farr & Gallagher LLP and is a former chairman of the U.S. Commodity Futures Trading Commission. He is also an independent director of the American Financial Exchange.

LIBOR

Libor is dead. Long live choice.

The London interbank offered rate was a flawed benchmark, but it was nonetheless a centerpiece of finance for decades. Congress should ensure it doesn't replace one interest rate monoculture with another as Libor winds down.

By J. Christopher Giancarlo

July 21

TRENDING

Consumer lending

FDIC sides with Colorado in court tussle over high-cost loans

The Federal Deposit Insurance Corp. is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. Three industry groups are suing the state in an effort to stop its attempted crackdown.

By Kevin Wack

10h ago
Failures

Republic First fails; Fulton Bank acquires assets, branches

The Philadelphia-based bank's parent company, Republic First Bancshares, had been roiled by a yearslong proxy battle involving activist investors groups and its former CEO.

By Kyle Campbell

April 26
Politics and policy

Custodia to appeal ruling in Fed lawsuit

The Wyoming-based digital asset bank filed paperwork to challenge last month's district court ruling, which affirmed the Federal Reserve's view about its discretion over master account applications.

By Kyle Campbell

April 26